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550 W El Norte Pky - WILLIS 4.88 Acres of Commercial Land Offered at $3,950,000 in Escondido, CA 92026
Executive Summary
GREAT LOCATION FOR OFFICE PARK, NEAR I-15 ON AND OFF RAMPS. THERE IS A 17 ACRE CITY PARK ADJACENT TO THE NORTH SIDE OF THIS PROPERTY. THERE IS A 1986 S.F. HOME ON THE PROPERTY WITH A GUEST HOUSE. WE ARE IN THE PROCESS FOR A GENERAL PLAN AMENDMENT, WITH THE CITY OF ESCONDIDO, TRYING TO GET 40 UNITS PER ACRE.
Property Facts In Escrow
| Price | $3,950,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| Sale Condition | Bulk/Portfolio Sale | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 4.88 AC |
| Zoning | commercial | ||
| Price | $3,950,000 |
| Sale Type | Investment or Owner User |
| Sale Condition | Bulk/Portfolio Sale |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.88 AC |
| Zoning | commercial |
1 Lot Available
Lot 226-380-48
| Price | $3,950,000 | Lot Size | 4.88 AC |
| Price Per AC | $809,426.23 |
| Price | $3,950,000 |
| Price Per AC | $809,426.23 |
| Lot Size | 4.88 AC |
APARTMENT OR OFFICE PARK. CURRENT OWNER AND THREE ADDITIONAL PARCELS ON SO. IRISH LANE, MAKING TOTAL LAND AREA 7.55 ACRES WHO ARE ALSO INTERESTED IN APARTMENT DEVELOPMENT IS APPLYING FOR A GENERAL PLAN AMENDMENT TO GET UP TO 45 UNITS PER ACRE ZONING.
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Property Taxes
| Parcel Number | 226-380-48 | Improvements Assessment | $106,120 |
| Land Assessment | $2,122,416 | Total Assessment | $2,228,536 |
Property Taxes
Parcel Number
226-380-48
Land Assessment
$2,122,416
Improvements Assessment
$106,120
Total Assessment
$2,228,536
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550 W El Norte Pky - WILLIS
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